Credit unions

The most important service of the credit union is the education of its members in the management and control of their own money. Larger financial institutions may try to “educate” their customers, but mainly with the goal of selling them a product. Credit unions, on the other hand, provide financial counseling to help their members achieve financial independence by providing them the tools they need to gain control of their finances.
— Roy Bergengren, Credit Union Pioneer builds partnerships with Credit Unions, providing tools that optimize their members financial well-being. 

Retired and boomer members benefit from the financial education and services that credit unions provide. Once enrolled in Medicare, individuals may no longer contribute to HSA accounts. A healthy 55-year-old woman will pay $522,827 ($253,594 in today’s dollars) in retirement out-of-pocket health care expenses – almost $79,000 more than a male – because she will live two years longer. Looking ahead, because of rising health care inflation and an additional year of life expectancy, a 45-year-old single female will pay 27.5% more ($966,952) in health care costs than a male of the same age.  As members age, there is a risk that, without planning for healthcare coverage and costs, a healthcare management mistake or unexpected diagnosis could undo all the hard work members have done preparing, with their Credit Union, for their future.

Given the consequences of health-related out of pocket expenses and medical debt on American families, and the connection between health and financial well-being, it is critical for Credit Unions to consider health coverage and planning for their members.

 Our founders boast a decade of experience in elder care and insurance, big data, and artificial intelligence.

We share common ground, most notably the desire to have individuals at the center of decision-making, with the design of services and products targeted to meet individual needs.